For the second week in a row, interest rates on residential loans didn’t change much. It’s possible that the trend could extend to three weeks.
Thirty-year fixed rates were reported at 4.17 percent in Freddie Mac’s Primary Mortgage Market Survey for the week that ended on Feb. 9.
Long-term interest rates on home loans improved by 2 basis points compared to the prior survey — when mortgage rates also moved little.
Source: Mortgage Daily